Upstream oil and gas news | Inspenet

In recent years, the industry has managed to increase productivity through higher-capacity rigs, horizontal drilling, automation, advanced data analytics, and continuous improvements in operational…

Upstream

Arabian Drilling will reactivate three offshore platforms in the Middle East.

Marcos Medina · July 15, 2026

Arabian Drilling will restart three offshore platforms and expects to recover its full marine capacity before the end of 2026.

Upstream

Oil production in India focuses on unlocking the potential of its mature fields

Antonio Zavarce · July 15, 2026

Strengthening domestic production has become a strategic priority for India, one of the world’s largest energy consumers.

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Well Intervention Drives a New Generation of Hybrid Equipment

Antonio Zavarce · July 14, 2026

Well intervention incorporates a new generation of hybrid workover rigs that drive energy efficiency, automation, and modernization of oilfield services in the upstream sector.

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Vår Energi obtains a permit to drill well 35/6-7 S in the North Sea

Ruth Arteaga · July 13, 2026

Vår Energi received authorization to drill well 35/6-7 S in production licence 929 in the Norwegian North Sea.

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SLB OneSubsea will supply an umbilical for Eni in Indonesia

Marcos Medina · July 12, 2026

SLB OneSubsea will manufacture 94.6 kilometers of underwater umbilical for Eni's Kutei North Hub project in Indonesia.

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Petrobras completes acquisition of its Block 3 in São Tomé and Príncipe

Marcos Medina · July 12, 2026

Petrobras assumed operations of offshore Block 3 in São Tomé and Príncipe to strengthen its international hydrocarbon exploration portfolio.

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Invictus Energy awards contracts for Musuma-1 and accelerates drilling in Zimbabwe

Ruth Arteaga · July 9, 2026

Invictus Energy advances preparations for the Musuma-1 well with contracts, infrastructure, and logistics to begin drilling in 2026.

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BP sells its stake in Bay du Nord to Equinor

Ruth Arteaga · July 6, 2026

BP agrees to sell its stake in Bay du Nord to Equinor to streamline its offshore portfolio.

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Offshore Projects in Nigeria Drive New Financing Options

Antonio Zavarce · July 6, 2026

The new financing scheme is driven by Shell and banking entities, an initiative that seeks to strengthen local contractors, improve the execution of strategic…